How Can Debt-Ridden Barcelona Spend So Much?

Despite posting record breaking losses of €555 million in 2021, having more than €1.3 billion of debt, and having been hit with numerous sanctions by La Liga, Barcelona have still spent more than €150 million this summer on the likes of Raphinha, Robert Lewandowski, and Jules Koundé.

Barca’s spending has left a lot of football fans bemused at how a club so riddled with debt, and seeming on the verge of going bankrupt just a few months ago, has been able to spend so much.

So in this video, HITC Sevens takes a look at the financial difficulties at Barcelona, the economic levers the club has activated to combat them, and what it all means for the future of the five-time Champions League winners.